Joseph M. Chybowski Sells 3,000 Shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWB) CFO Joseph M. Chybowski sold 3,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $15.51, for a total transaction of $46,530.00. Following the transaction, the chief financial officer now directly owns 98,416 shares in the company, valued at $1,526,432.16. The trade was a 2.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Bridgewater Bancshares Stock Performance

BWB opened at $15.07 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $413.31 million, a PE ratio of 14.35 and a beta of 0.67. The stock has a 50-day moving average of $14.93 and a 200-day moving average of $13.54. Bridgewater Bancshares, Inc. has a 52-week low of $10.52 and a 52-week high of $16.00.

Institutional Investors Weigh In On Bridgewater Bancshares

A number of large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. bought a new stake in Bridgewater Bancshares during the second quarter valued at about $35,000. BNP Paribas Financial Markets lifted its position in shares of Bridgewater Bancshares by 18.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock worth $63,000 after purchasing an additional 676 shares during the last quarter. SG Americas Securities LLC bought a new stake in Bridgewater Bancshares during the 3rd quarter valued at approximately $100,000. D.A. Davidson & CO. acquired a new stake in Bridgewater Bancshares in the 3rd quarter valued at approximately $183,000. Finally, Martingale Asset Management L P acquired a new stake in Bridgewater Bancshares in the 3rd quarter valued at approximately $185,000. Institutional investors own 65.83% of the company’s stock.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.